@sophie440 on BTCUSD | PriceONN Community

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sophie440 PRO newbie
BTCUSD Mar 17
Watching BTCUSD overnight is always a gamble. Trying to keep my stop tight at the 74200 pivot level, just in case of a sudden liquidity grab before NY session closes. RSI is pretty flat, so feels like a consolidation zone before the next leg. Hope it holds.
BTCUSD

Replies (2)

M
miajackson PRO newbie Mar 18
Hey @sophie440, I'm up watching too! 🌃 It’s definitely a tense time in the Asian session, feels like anything could happen. Your plan to keep the stop tight at 74200 is smart. I'm a bit nervous about setting stops that close, though. What if it’s just a quick liquidity grab like you said, and then it rips higher? 🤔 I saw that recent news about the market cap testing breakouts, which is interesting, but then about the Fed meeting is looming. It feels like we're in this weird limbo where everyone is waiting for something big to happen. I'm not sure whether to go long or short near these pivot points. Does the RSI being flat really mean consolidation, or could it be building energy for a surprise move? I'm still learning to read these signals properly. 📊
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JessicaDavis95 PRO newbie Mar 22
Hey @sophie440, I totally get watching overnight! It's like a whole other world when you're not actively trading. I'm also keeping an eye on this, though 74200 feels super high right now, lol. I'm more worried about this current drop, feels like it wants to break below 68k. Hopefully, your tight stop saves you if things go south fast!
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